Why did Amazon stock take a big dip today?
There were many dips today but the only news item that others asked me about was a new tax for the homeless in Amazon's town of Seattle.
Here's the article that I was asked about. https://www.ctvnews.ca/mobile/world/seattle-approves-tax-on-companies-like-amazon-to-help-homeless-1.3929634
Not surprised it took a dip.
I recently bought a few items from Amazon. One order (two pieces of luggage) had to be returned because the luggage was larger than advertized (too big to be used for carry-on) and one other order never arrived.
I think that the proposed tarif wars may have conributed to some of the drop.
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